SEBI on Wednesday proposed a framework to introduce an IT Resilience Index (ITRI) for Market Infrastructure Institutions (MIIs), to strengthen oversight of critical technology systems in the securities market. In…
Category: Market
Gold surges 4% as ceasefire hopes drive India’s second straight ally
Markets closed higher for the second consecutive session on Wednesday, while emerged as a standout performer, surging nearly 4 per cent on to $4,556 per ounce, as diplomatic signals between…
Weak sentiment keeps Kashmir gold demand muted despite dip in prices
Despite a recent dip in gold prices ahead of the wedding season, demand for the precious metal remains subdued in Kashmir, reflecting weak consumer sentiment and financial stress among households.…
Ceigall India stock ends 4% higher after securing ₹1,369 crore solar PPA projects; still down 31% from IPO price
Shares of closed Wednesday’s session, March 25, higher by 4% at ₹275 apiece, as investor sentiment improved after the company executed two long-term Power Purchase Agreements (PPAs). In a regulatory…
Markets rally on whispers of peace: Nifty climbs as tensions begin to thaw
The prospect of even a tentative truce was enough to cool global risk aversion, bringing investors back into equities and easing some of the anxiety that had gripped markets over…
Slow, but steady start for SIFs; amass ₹9,712 crore AUM in six months
One year after the market regulator SEBI established norms, the Specialised Investment Funds (SIFs) are off to a slow and steady start amassing assets under management of ₹9,712 core and…
Rocketlane raises $60 million in Series C to power professional services automation with AI
Chennai and US-based Rocketlane, an AI-powered professional services automation platform has raised $60 million in a Series C funding round led by Insight Partners. The latest round brought the total…
Broker’s Call: HDFC Bank (Outperform)
Target: ₹1,500 CMP:₹781.70 The resignation-related release of ex-Chairman of HDFC Bank, Atanu Chakraborty, was not the usual benign farewell that one typically expects in such cases. It mentioned, ‘…concerns over…
Broker’s Call: NALCO (Buy)
SBI Securities Target: ₹420.9 CMP: ₹367.15 is an integrated aluminium producer encompassing mining ore to metal. It is one of the lowest-cost producers of Alumina. Capacities for respective segment is…
ASMS inks pact with two US firms to develop tech-driven aquaculture and fisheries ecosystems India
Avio Smart Market Stack Ltd (ASMS), formerly , announced on Wednesday a Memorandum of Understanding with Aquasafra Holdings, Inc. and Waterfield Farms, Inc., both US-based entities, to develop technology-driven aquaculture…